The bounce the last two days was classic bear market action.
My biggest concern is we have high-level government officials who are more concerned with reelection than doing what is necessary both for small businesses as well as individuals.
St. Louis Fed Pres. James Bullard sees unemployment possibly hitting 30%, while GDP could ultimately contract 50%.
Your portfolio is integrally connected to the economy so let me offer what I think can be done to save your portfolio from being ravaged by this scourge, Covid-19.
I can appreciate something needs to be done, but I'm hesitant to call these potential proposals a boom for stocks.
During the Financial Crisis, the bailouts were politically toxic. Today, not providing this kind of stimulus will be politically toxic.
Sentiment on U.S. stocks has changed, and you need to plan accordingly.
Buckle up for what is likely to be another eventful five days.
What the latest numbers mean for the Fed, interest rates and bonds.
There is no period in history where job growth slowed to a crawl and the economy didn't fall into recession.